| Project |
Year |
Money |
Section |
Category |
| CPIC’s USD2bn policy loan ABS |
2024 |
RMB15 billion |
ABS/REITS |
Securitisation; insurance |
| Avatr, Seres invest in Huawei’s Yinwang |
2024 |
RMB23 billion |
M&A |
Investment; automotive |
| Guotai Junan and Haitong merger |
2024 |
RMB925.4 billion |
M&A |
Merger; securities |
| Shanghai establishes three industry funds |
2024 |
RMB89 billion |
PE/VC |
Funds; semiconductors; biopharmaceuticals; AI |
| Industrial Bank sues Lin, others over default |
2024 |
USD70 million |
Domestic dispute resolution |
Contractual debt; tort |
| Shengtong Bond misrepresentation dispute |
2024 |
N/A |
Domestic dispute resolution |
Misrepresentation |
| Shengtong Bond misrepresentation dispute |
2024 |
N/A |
Domestic dispute resolution |
Misrepresentation |
| Tianjin Bank Jinan branch exonerated |
2024 |
RMB3 billion |
Domestic dispute resolution |
Bill fraud; fund infringement |
| Hunan Yuneng’s USD630m IPO on ChiNext |
2023 |
USD630 million |
Equity Capital Markets |
ChiNext; new energy |
| World Group, Thaihot Group equity transfer dispute |
2023 |
N/A |
Domestic Dispute Resolution |
Equity transfer; real estate crisis |
| Sunny Optical, AAC Optics series patent dispute |
2023 |
N/A |
Intellectual Property |
Patents; optics |
| Citic Group in massive overhaul of Guoan businesses |
2023 |
RMB76.5 billion |
Liquidation, Bankruptcy And Restructuring |
Reorganisation; finance |
| China’s first merger in financial leasing industry |
2023 |
RMB14.2 billion |
M&A |
Secondary offering; share acquisition; financial leasing |
| Huayou Cobalt’s Swiss listing via GDR issuance |
2023 |
USD583 million |
Equity Capital Markets |
SIX Swiss Exchange; new energy |
| Shaanxi Energy’s Shenzhen IPO |
2023 |
RMB7.2 billion |
Equity Capital Markets |
SZEX; energy |
| Aramco bets on China refining, bags major supply deal |
2023 |
RMB24.6 billion |
M&A |
Transfer by agreement; petrochemicals |
| AstraZeneca, Aosaikang patent infringement dispute |
2022 |
N/A |
Disputes & Investigations |
Patents; judicial review |
| AVIC Composite JV with Evonik subsidiaries |
2022 |
N/A |
Cross-border |
Joint venture; aviation |
| CGN Wind Energy raises USD4.4bn |
2022 |
USD4.4 billion |
Domestic |
Financing; energy |
| Huaxin Cement converts B shares to H shares |
2022 |
N/A |
Capital Markets |
Listing transfer; listing by way of introduction |
| NCG substantive consolidation |
2022 |
RMB130 billion |
Domestic |
Restructuring; construction |
| Restructure of N-Securities |
2022 |
RMB1.5 billion |
Domestic |
Restructuring; securities |
| Shanghai Pharmaceuticals’ USD2bn private placement |
2022 |
USD2 billion |
Capital Markets |
Private placement; pharmaceuticals |
| Cosco Shipping Development’s asset restructuring |
2021 |
RMB3.4 billion |
Cross-border |
Asset restructuring; supply chain finance |
| Greenland, Shandong Tobacco equity transfer dispute |
2021 |
N/A |
Disputes & Investigations |
Contract dispute |
| Kingold’s fake gold bars dispute |
2021 |
RMB25.6 billion |
Disputes & Investigations |
Contract dispute |
| Tianjin Pharma’s restructuring and merger |
2021 |
RMB11.55 billion |
Domestic |
M&A; healthcare |
| Consortium invests in Turkey road projects |
2020 |
USD688 million |
Belt & Road |
Overseas acquisition; construction and infrastructure |
| CRRC Zhuzhou Locomotive acquires overseas enterprise |
2020 |
N/A |
Belt & Road |
M&A; transport |
| State Power Investment acquires Brazil GNA project |
2020 |
N/A |
Overseas Deals |
Overseas M&A |
| CGN Power’s A-share IPO |
2019 |
RMB12.57 billion |
Deals in China |
A-share listing; nuclear industry |
| Haitong Unitrust’s spin-off and HK listing |
2019 |
HKD2.32 billion |
Overseas Deals |
Hong Kong IPO; securities |
| IDreamSky Technology’s HK listing |
2019 |
HKD838 million |
Overseas Deals |
Hong Kong IPO; internet |
| Joyvio Agriculture Development acquires Australis Seafoods |
2019 |
USD920 million |
Belt & Road |
Overseas M&A |
| JuneYao and CEAH’s stake, co-operation |
2019 |
RMB13 billion |
Deals in China |
Equity swap; aviation industry |
| NCF Wealth’s reverse merger with Hunter Maritime Acquisition |
2019 |
N/A |
Overseas Deals |
M&A; fintech |
| SPD Bank issues RMB50 billion convertible bonds |
2019 |
RMB50 billion |
Deals in China |
Bond issuance; banking |
| Tencent Music’s US listing |
2019 |
USD1.1 billion |
Overseas Deals |
US listing; entertainment industry |
| Tencent sues 4399 for online game trademark infringement |
2019 |
RMB5 million |
Disputes & Investigations |
Trademark dispute |
| China Literature’s Hong Kong IPO |
2018 |
HKD8.3 billion |
Overseas Deals |
Hong Kong listing; eBooks |
| Financing for China-Russia LNG project |
2016 |
N/A |
Overseas Deals |
Energy; project financing |
| Giant Interactive Group returns to A-share market |
2016 |
N/A |
Deals in China |
Back-door listing; domestic capital market |
| Haidilao’s Hong Kong IPO |
2018 |
HKD7.56 billion |
Overseas Deals |
Hong Kong listing; Food and beverage |
| Jinjiang Environment'sIPO in Singapore |
2016 |
SGD185 million |
Overseas Deals |
New energy; overseas listing |
| Nanjing Cenbest acquires Dendreon Pharmaceuticals |
2018 |
USD819 million |
Overseas Deals |
Overseas M&A; Pharmaceuticals |
| NIO’s NYSE IPO |
2018 |
USD1 billion |
Overseas Deals |
US IPO; Electric vehicles |
| PE consortium acquires OmniVision |
2016 |
USD1.9 billion |
Overseas Deals |
Overseas M&A; private equity; privatization; technology |
| Ping An Healthcare and Technology’s Hong Kong IPO |
2018 |
HKD8.77 billion |
Overseas Deals |
Hong Kong IPO; Healthcare |
| Shanghai and Shenzhen stock exchanges jointly acquire Dhaka Stock Exchange in Bangladesh |
2018 |
USD44 billion |
Belt & Road |
Overseas M&A |
| Sisram spin-off, HK listing by Fosun Pharmaceutical |
2017 |
N/A |
Overseas Deals |
Overseas listing; Healthcare |
| ZhongAn's Hong Kong IPO |
2017 |
USD1.525 billion |
Overseas Deals |
Overseas listing; Insurance; Fintech |
| BesTV acquires Shanghai Oriental Pearl Media, share issuance and fundraising |
2015 |
USD7.65 billion |
Deals in China |
M&A |
| CGN Power’s H-share global offering |
2015 |
USD3.6 billion |
Equity capital market |
Equity capital market |
| China Galaxy Securities’ Hong Kong IPO |
2013 |
USD1.1 billion |
Overseas Deals |
Equity capital market |
| CSR and CNR’s merger |
2015 |
USD26 billion |
Deals in China |
M&A |
| Giant Interactive’s take private transaction |
2014 |
USD3 billion |
Take private |
Take private |
| Guangzhou Baiyunshan Pharmaceutical’s fundraising and employee share scheme |
2015 |
USD1.5 billion |
Equity capital market |
Equity capital market |
| South Huiton’s substantial asset reorganization |
2015 |
N/A |
Equity capital market |
Equity capital market |
| Sparkle Assets’ notes issuance |
2013 |
USD400 million |
Debt capital market |
Debt capital market |
| Nord Anglia Education offers senior secured notes |
2012 |
USD325 million |
Deals in China |
Capital market;equity |
| Shanghai Media Group buys SVA |
2011 |
RMB10.64 billion |
Deals in China |
M&A |
| Bank of Communications rights issue |
2010 |
RMB32.8 billion |
Overseas Deals |
Capital markets;listings |
| Guangdong Nuclear Power acquires Meiya Power |
2010 |
RMB10 billion |
Overseas Deals |
M&A |
| China Minmetals acquisition of Hunan Nonferrous stake |
2010 |
RMB6 billion |
Deals in China |
M&A |
| Venture Capital RMB fund set up in Tianjin |
2010 |
USD100 million |
Private equity & venture capital |
Private equity & venture capital |
| Suntien Green Energy listed in Hong Kong |
2010 |
HKD2.8 billion |
Environment & natural resources |
Environment & natural resources |
